Michael J Macintyre - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Michael J Macintyre. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

Companies with Reported Insider Positions

The SEC filings indicate Michael J Macintyre has reported holdings or trades in the following companies:

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Michael J Macintyre. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Purchases HXL / Hexcel Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in HXL / Hexcel Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Max	Price at Max	Max Profit ($)	Max Return (%)
There are no known unplanned open-market trades for this insider and security combination

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Sales HXL / Hexcel Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in HXL / Hexcel Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Min	Price at Min	Max Loss Avoided ($)	Max Loss Avoided (%)
2016-04-25	HXL	MACINTYRE MICHAEL J	1,000	45.1050	1,000	45.1050	45,105	63	39.1500	-5,955	-13.20
2016-03-01	HXL	MACINTYRE MICHAEL J	1,000	42.0110	1,000	42.0110	42,011
2015-12-01	HXL	MACINTYRE MICHAEL J	1,000	47.1900	1,000	47.1900	47,190
2015-08-19	HXL	MACINTYRE MICHAEL J	100	53.4500	100	53.4500	5,345
2015-08-19	HXL	MACINTYRE MICHAEL J	800	53.4700	800	53.4700	42,776
2015-08-19	HXL	MACINTYRE MICHAEL J	607	53.4850	607	53.4850	32,465
2015-05-27	HXL	MACINTYRE MICHAEL J	100	50.0400	100	50.0400	5,004
2015-05-27	HXL	MACINTYRE MICHAEL J	1,777	50.0500	1,777	50.0500	88,939
2015-02-05	HXL	MACINTYRE MICHAEL J	1,000	44.5958	1,000	44.5958	44,596
2014-08-20	HXL	MACINTYRE MICHAEL J	1,500	38.2832	1,500	38.2832	57,425
2014-08-11	HXL	MACINTYRE MICHAEL J	2,119	38.1200	2,119	38.1200	80,776
2014-07-29	HXL	MACINTYRE MICHAEL J	3,150	38.6690	3,150	38.6690	121,807
2014-04-24	HXL	MACINTYRE MICHAEL J	2,000	42.7399	2,000	42.7399	85,480
2013-07-29	HXL	MACINTYRE MICHAEL J	3,167	35.3801	3,167	35.3801	112,049
2013-04-25	HXL	MACINTYRE MICHAEL J	2,000	30.7427	2,000	30.7427	61,485
2013-01-28	HXL	MACINTYRE MICHAEL J	749	28.4934	749	28.4934	21,342
2012-08-08	HXL	MACINTYRE MICHAEL J	1,000	24.0900	1,000	24.0900	24,090
2012-04-26	HXL	MACINTYRE MICHAEL J	2,000	27.8300	2,000	27.8300	55,660
2010-11-30	HXL	MACINTYRE MICHAEL J	1,495	17.0000	1,495	17.0000	25,415

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Trading History

This table shows the complete list of insider trades made by Michael J Macintyre as disclosed to the Securities Exchange Commission (SEC).